GEOI ops update

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setliff
Posts: 1823
Joined: Tue Apr 27, 2010 12:15 pm

GEOI ops update

Post by setliff »

dan_s
Posts: 37288
Joined: Fri Apr 23, 2010 8:22 am

Re: GEOI ops update

Post by dan_s »

My updated Net Income and Cash Flow Forecast will be posted to the website late today. I've increased my Fair Value estimate to $27/share.

Keep in mind that all of my Fair Value estimates assume $80/bbl for oil and $4/mcf of natural gas. Once I am convinced that commodity prices have moved to a higher trading range, all of the S-16 Fair Value estimates will go up.
Dan Steffens
Energy Prospectus Group
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